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Elgin White opens a new office in The Netherlands to support rapid growth


Elgin White has today opened an office in The Netherlands, established in response to a significant rise in demand for specialist consultancy services from Dutch investment management firms, banks and other financial institutions.

Local presence in The Netherlands will enable the firm to work more closely and directly with existing customers. It will also provide prospective customers with access to local expertise and more timely and engaging conversations, as they look for ways to consolidate costs and refine their target operating model in light of current economic and market conditions.

Also announced today was the appointment of Arnoud van Balen as Director. Arnoud will lead Elgin White’s expansion into The Netherlands. A highly experienced senior manager, who has spent the last twelve years leading international project management and consultancy teams at SimCorp, Arnoud is well-known within the Dutch financial services community and customers are already benefiting from his expertise.

Commenting on the firm’s expansion into The Netherlands, Elgin White CEO Erik Schutte said:

“While the Dutch financial services market is thriving, more than ever before firms are reviewing their target operating models to ensure that they can become as successful as possible, despite escalating cost pressures and new post-pandemic ways of working. With feet on the street in The Netherlands, Elgin White is ideally positioned to help Dutch firms increase their agility, operate more efficiently and improve customer service, which will increase revenues and assets under management.”

Current customers, partners, associates and friends will join the Elgin White team this evening for drinks, excellent food and stimulating conversation to celebrate the office opening. Sincere thanks to world-renowned Dutch chef Mark Rewinkel for hosting the reception.

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Jeremy Hurwitz

Managing Director - North America

Based in Los Angeles, California, Jeremy founded InvestTech Systems Consulting LLC in 1990. As President and Director the Enterprise Data Management and Architecture Practice for more than 25 years he managed over 50 large investment technology, strategy, and implementation projects for many of the largest global investment management firms. Following the acquisition of his firm by Accenture in 2017, Jeremy remained as Managing Director, Asset Management Lead.

Jeremy joined Elgin White in 2022 to lead the firm’s launch into North America. He is recognized throughout the North America asset management community as a thought leader and innovation architect in the design of enterprise data, analytics, and reporting platforms. His deep knowledge, broad buy-side network, and extensive experience deploying business-outcome-focused technology solutions successfully has accelerated the growth of Elgin White in North America.

Stanley Drasky

Managing Director

Stan joined Elgin White in 2020 following an impressive 30-year career working predominantly for world-class buy-side financial services firms in North America and Europe. He is a renowned buy-side technology leader with a reputation for designing and delivering large-scale transformation initiatives at scale and pace. Currently, Stan is especially active leading infrastructure (cloud and managed services) transformation projects.

His most recent roles prior to Elgin White include Chief Information Officer (EMEA) at State Street and various senior positions during his eight-year tenure at Northern Trust Corporation, including Head of IT & EMEA/Global Director of Fund Administration Technology, Global Director of Asset Management Technology, and Director of Trade Execution Technologies. Stan has also held senior Operational and Technology roles at Nuveen Investments and BNY Mellon.

Throughout his career Stan has been a strategic client or partner of every major front-to-back office technology vendor including SimCorp and Charles River Development.

Erik Schutte

Managing Director

Erik founded Elgin White’s consultancy practice in 2019, which transitioned the firm into a full-service buy-side consultancy and resourcing business. He is an experienced front-to-back business transformation professional and has held several senior management positions during his more than 30-year career in the UK and his native Netherlands, as well as Asia Pacific.

Previous roles include Head of Professional Services at SimCorp, Director at PwC UK, and Managing Director for Wealth & Asset Management Services at Accenture UK & Ireland.